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20120930
20121008
Search Results 0 to 27 of about 28 (some duplicates have been removed)
winning a re-election versus romney, the challenger coming in and wing. and what happens is there is a divergence. healthare in general tends to dokay if people think romney is going to be re-elected and that is overall. but health care really breaks down to the service providers like the hospitals. which would actually severely benefit quite a bit if obama care continued on as planned. but if we had someone like romney come and take over and you know do what he says to get rid of obama care the folks who provide service are certainly going to be adversely affected. the folks that provide insurance are going to be positively affected. we saw that effect today. it was very marked. >> susie: let's look at another sector because romney was talking a lot about how much he likes coal, both candidates mrtalkg about energy independence and you look at how coal stocks did today, big gains there like arch coal, like alpha natural resources, is this a good place to put your money? >> well, i tell you this. it's early to be making bets on any sector and predicated against a presiden
and the presidential election. >> tom: i'm tom hudson. but with millions of americans still out of work, we visit one company looking to solve that problem. we round out our job retraining coverage with goodwill. >> susie: and tonight's market monitor guest thinks the stock market rally has some life left in it. he's chuck carlson of horizon investment services. >> tom: that and more tonight on nbr! >> susie: more americans are going back to work. the unemployment rate now stands at 7.8 percent. it's the first time in almost 4 years that this key measure of the job market has dropped below 8 percent. american businesses added 114,000 new jobs in september and the readings for july and august were revised higher. so, is the labor picture as good as it seems? erika miller takes a closer look at the data and what it says about the u.s. economy. >> reporter: 3-tenths of a percent does not seem like much. but, when it comes to the nation's unemployment rate, a 3- tenths of a percent drop is actually staggering. the unemployment ratnow stands at 7.8 percent. that's the lowest level since january 2009, when
.2%. with the unemployment rate above 8%, what impact will that have on the outcome for the election? >> well, it wouldn't be a surprise if the unemployment rate was at 8% on friday, it's been hovering in that range for some time already. normally you would argue that an unemployment rate this high in an economy growing this weakly would be very bad news for an incumbent president. it's somewhat vicing then that president obama has maintained the slight edge in the polls given how weak the economy is, but certainly weak growth, high unemployment are not good for anyone in elected office and are are not good for anyone looking for a job either. >> susie: you know, tonight obviously in the debate president obama and governor romney will be talking about the job market do. you expect them to give any kind of plan to jolt the labor market and to get that unemployment rate down drastically? >> i think both candidates are likely to be somewhat vague in their discussion of proposals to great jobs. if i were asking the question, i think the one that i with like to hear answered most would be, what are you going
to predict consumer spending this holiday season. the big wild card is the presidential election. >> this is the most difficult year we've ever had to predict our forecast, because there's never been this level of uncertainty in terms of tax and spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock prices are boosting consumer confidence. >> people are always looking for something to give them a real sort of positive outlook, something to make them feel better. shopping is pretty much one thing to make most people feel better if they can. >> reporter: but job growth is weak, and food and gasoline prices are rising. with so much uncertainty, you can expect to see lots of holiday promotions. but tv ads will come later. >> in normal years, we'd already start to
investors back to a bit of follow tillity. we have the election, events in europe and certainly the eerntion season coming up. a lot of things that can cause the volatility we saw today. >> so was's your prediction for the dow and the s&p. the dow is a few hundred points away from reaching its record high from back in 2007, the 14,000 level. you think that's going to happen or not? >> no, i don't think we'll see new highs there and the s&p is only maybe 7% away. i don't think we'll see new highs there either. i think we'll hang on to most of the gapes that we've achieved so far this year. but it wouldn't surprise me to give a little bit back. remember profits are very lackluster, actually going to be down year-over-year as we get the third-quarter results in, and we have that looming fiscal cliff issue out there. you mentioned the fed but q e3 is helpful but if we go over the fiscal cliff it is like getting a flu shot before storming the beech at normandiz. >> susie: that's an interesting picture. talking about the fed, what was your take on what ben bernanke said today, that the economy is
Search Results 0 to 27 of about 28 (some duplicates have been removed)